The first quarter (Q1) financial reports of listed banks are showing a not-so-positive picture with the total value of bad debt at more than 266,000 billion VND, up...
The Viet Dragon Securities Company (VDSC) said that bad debts might continue to increase slightly this year, after a circular allowing banks to reschedule debt repayment...
Bad debt of banks continues to increase...
A problem that has been reflected in the past few years is the "sluggish" banks' ability to sell mortgaged assets to handle bad debts, whether real estate, machinery,...
As bad debts rise and asset seizure rights under Resolution 42 are no longer maintained, commercial banks must establish tight lending requirements and processes.
The State Bank of Vietnam (SBV) proposed extending Circular No. 02/2023/TT-NHNN dated April 23, 2023, on the rescheduling of debt payments and the maintenance of debt...
The settlement of bad debts will face many difficulties this year as there are no legal regulations related to repossessing collateral assets, industry insiders said.
According to many opinions, the asset quality of banks will be temporarily under control at the current level until the end of 2023, but moving into 2024, the situation...
Though the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as...
Investors of transportation BOT (Build-Operate-Transfer) projects must look to diversify their financing as domestic commercial banks have not been willing to loosen the...
Traffic BOT bad debts heated up the 6th Session of the National Assembly once again, with the bad debt ratio much higher than expected.
The financial statements of the first 6 months of 2023 of banks are gradually being "revealed", in which, the picture of bad debt is still covered in gray.
The Vietnam Banks Association (VNBA) has suggested the Government submit a request to the National Assembly for a resolution to support firms and people to overcome...
Without regulations allowing them to seize collateral under Resolution 42, banks may be afraid to grant credit, affecting the ability to access loans of firms and...
Even as the biggest real estate businesses struggle with debts and bankruptcy, banks continue to stay afloat and tackle the bad debt situation over a period of time....
Though Việt Nam's banking industry expects to have many development opportunities in 2023, problems with liquidity, interest rates and bad debts are putting great...
Amid rising non-performing loans (NPLs), many banks have strongly increased their loan-loss reserve (LLR) funds to readily face uncertainties in the future.
Bad debts always come hand in hand with business activities of all commercial banks.
Commercial banks have been facing difficulties in recovering bad debts as they were unable to find buyers for high-value collateral despite big discounts.
Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.
According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market...
A report submitted to the National Assembly for extending the application period for Resolution 42/2017/QH14 on bad debts settlement by credit institutions (CIs) states...
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